Tribunal held that without rejecting books of account of assessee, the ad-hoc disallowance made by the Assessing Officer is directed to be deleted. (AY. 2014-15)
Pricewaterhouse Coopers (P.) Ltd. v. ACIT (2020) 183 ITD 354 (Kol.)(Trib.)
S. 37(1) : Business expenditure-Ad-hoc disallowance-When the books of account is not rejected-No disallowance can be made [S.144C, 145]